Year: 2016

Colibri Resource Corporation is pleased to announce that it has closed its previously announced non-brokered private placement of 1,000,000 units for total proceeds of up to $100,000 at $0.10 per Unit. Each Unit comprises of one common share of the Company and one half of one whole warrant to purchase an additional share at a price of $0.15 per share if exercised within the two years.

VENDOME RESOURCES CORP. announces a proposed non-brokered private placement financing for aggregate gross proceeds to the Company of up to $400,000 by issuing a maximum of 40,000,000 units at a price of $0.0075 per unit for maximum proceeds of $300,000, and 13,333,333 “flow-through” shares at a price of $0.0075 per share for maximum proceeds of $100,000. Each of the units will consist of one common share in the capital of the Company and one common share purchase warrant. Each warrant will entitle its holder to purchase one additional common share at an exercise price of $0.01 for a period of 3 years from the closing date of the private placement. There can be no assurance that the Offering will be completed, whether in whole or in part.

Torex Gold Resources Inc. announced today that the previously announced consolidation of the Company’s issued and outstanding common shares on the basis of one post-consolidation Common Share for every ten pre-consolidation Common Shares is effective June 30, 2016. The Common Shares are expected to begin trading on a consolidated basis on the Toronto Stock Exchange when markets open on July 5, 2016.

Silver Bull Resources, Inc. is pleased to announce that it has completed the third and final tranche of the non-brokered private placement of units of the Company announced on May 12, 2016. Under the third tranche of the Private Placement, Silver Bull issued 3,670,000 Units at a price of CDN$0.13 per Unit for aggregate gross proceeds of CDN$477,100. Each Unit consists of one common share in the capital of the Company and one Common Share purchase warrant. Each Warrant entitles the holder thereof to acquire one common share at a price of CDN$0.16 until the date that is 12 months following closing of the Private Placement. If the closing price of the common shares of the Company on the OTCQB Venture Marketplace is US$0.18 or higher for five consecutive trading days, then the Warrant will expire 30 trading days from such fifth consecutive day.

Prior to the commencement of the Meeting, Michael Sheridan resigned from the board and withdrew his name as nominee for election as director at the Meeting due to personal reasons. As a result, he was not elected to the board. Mr. Hoey, Chairman of the Company stated, “On behalf of the Board, we would like to thank Mr. Sheridan for his years of service on Mundoro’s Board of Directors and wishes him well in his future endeavors.”

Almaden Minerals Ltd. is pleased to provide the results of its Annual General Meeting held on June 29, 2016.

Pursuant to an amending agreement, Avino will sell silver concentrates on an exclusive basis to Samsung until July 2018. Samsung has previously advanced to Avino the sum of US$10 million as prepayment of such concentrates, and the Facility will be repaid with interest using Avino’s future shipments of concentrates. Avino will make an initial payment of US$666,666 in June 2016, and Avino will repay the balance with interest by 14 additional monthly instalments commencing June 2017 and ending July 2018…

The Laurentian University School of Architecture will now be known as the McEwen School of Architecture, in recognition of a significant investment by Rob and Cheryl McEwen. A blue and gold banner bearing the McEwen name was unfurled outside the School in downtown Sudbury today, as the McEwens announced a $10 million gift. Four million dollars will be used to complete the School’s $45 million state-of-the-art facility. The remaining $6 million will enhance the student experience and maximize their capacity to become agents of change for architecture